By Yohan Lawrence, the Joint Apparel Association Forum (JAAF) Every delay at the Port of Colombo now comes at a heavy price. For Sri Lanka’s apparel industry, time is not just money it’s trust. The recent reports of ships failing to call at Colombo because of potential delays in the Port of Colombo, are a…
The barometer skyrockets to an all-time peak amid undertones about sustainability It’s been a month of highs and headwinds, as promising economic gains were met with political drama and renewed reform efforts clashed with lingering uncertainties on multiple fronts. In a positive development, the IMF and local authorities reached a staff level agreement following the…
Sri Lanka has endured extraordinary hardships in recent years. Families lost savings to inflation and debt restructuring, and public trust in the system is thin. As we prepare for the 2026 parliamentary budget speech, we cannot afford another round of quick fixes or symbolic gestures. The coming years must deliver credible, targeted reforms that restore…
Sri Lanka customs recorded a collection of more than 24 billion LKR within a day marking the highest revenue earned in a day in its history starting in 1806 (Ref. SL Customs). Sri Lankan ports from Delft Island to ‘Godawaya’ have been collecting revenue for centuries from international trading with Romans, Persians, Indians, Chinese &…
Sri Lanka’s export sector continued to demonstrate resilience and steady growth during the period of January to September of 2025, recording total earnings of USD 12,986.52 Mn. This reflects a strong 7 % increase compared to the corresponding period in 2024. In September 2025 alone, total exports, comprising both merchandise and services reached to USD…
The global gemstones market continues to demonstrate robust growth momentum, driven by evolving consumer preferences, technological advancements, and increasing affluence in emerging economies. According to new market intelligence, the gemstones market size was valued at USD 58,291.02 million in 2023 and is anticipated to reach USD 101.01billion by 2032, expanding at a compound annual growth…
Sumsub Releases 2nd Global Fraud Index In Collaboration With Statista, Studying Fraud Trends Across 100+ Countries Index reveals that Europe leads in fraud protection, while the U.S. and many Asian countries see major declines. Sumsub, a global verification and anti-fraud leader, released the second edition of its Global Fraud Index, produced in collaboration withStatista, CryptoUK, Digital Assets Association, Vixio Regulatory Intelligence, and…
Asia-Pacific Falls Behind in Fraud Protection, According to Sumsub’s 2nd Global Fraud Index APAC drops to fourth place amid rising fraud exposure, trailing Europe, the Middle East, and the Americas Key markets, including Singapore, Malaysia, and Japan, experiencing significant declines in their rankings Singapore tops the Government Intervention pillar globally, despite an overall decline in…
By Ferdous Mottakin, Head of Public Policy & Government Relations for South Asia at TikTok When I think about the potential of digital platforms, I don’t see them as just platforms for trends or entertainment. I see them as potential bridges for connecting young minds with each other to share ideas, knowledge, and opportunities. In…
In terms of Section 70(1) of the Central Bank of Sri Lanka Act, No. 16 of 2023, the Central Bank of Sri Lanka released its annual Financial Stability Review (FSR) for 2025. This statutory report provides an assessment of the stability of the financial system, identifies and evaluates the associated risks and vulnerabilities, and outlines…
Video Story
